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or at least for the start of the year? we have pimco's mohamed el-erian later on in the program. stick around. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the
. >> and has it down 23%. thank you. >>> egypt's president mohamed morsi fleeing the palace today. all of this as the backlash to the new sweeping power he is granted himself bubbles over. we'll take you live next to egypt for the latest developments on this important story. stay with us. >>> also ahead, netflix stocks sky is rocketing today in the wake of its licensing deal with disney. how big of a deal is this for netflix, and is it a stock to own? stay with us on that. >>> later on, bracing for a catastrophe. allstate estimating hurricane sandy will cost it over $1 billion, but will the impact on the fiscal cliff be even worse? the head of allstate is with me sitting down for a cnbc exclusive coming up in a few minutes. don't miss it. back in a moment. [ male announc] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our
it. >>> again today the crowds are still demanding that president mohammed moed morsi step down. latest from cairo. >>> free market capitalism is the best bet for -- i don't think we should be raising taxes at all. but that's my point of view. i'm kudlow. we'll be right back two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. . >>> tens of thousands of protesters are still surging around egypt's presidential palace. nbc reporter joins us now with the details. good evening, eamon. >> reporter: the media is reporting that the country's commission has ordered a vote scheduled to begin tomorrow in embassies around the world on the country's draft constitution to be postponed
offered nothing concrete to diffuse the worst political crisis in nearly two years. >> mohamed morsi addressed the nation, trying to soften his position that has angered protesters over the last several days. in fact one of the sticking points that has been fueling these proce protests has been a decision that was issued by morsi. today he tried soften his position by saying that his decisions were in fact subject to judicial review, but he also wanted to try to solve then other positions that have been fueling some of the protests. he said the constitutional referendum scheduled for december 15th would go ahead as planned, but if it fails, there would be a new assembly. more importantly, he's now reaching across the political divide to meet with some of the country's political opposition figures. they say they will not necessarily meat with the president until that decision, at least that decree, is rescinded. they're still going ahead with calls for friday's million man march and outside the presidential palace, hundreds of protesters gathered for a third straight day following two
, almost looking at quarters. mohamed el-erian from pimco said he was worried about the third quarter reporting season because there was a finite about about what companies could do from the top and they had to focus on the top line. so in october, however, we saw a bit of a recovery from q3. and our flash figures were 2%, 2.5% in october. we have not told the market what we did in november, but it was better than october. and so we've ended up, you know, towards the end of november, after november, up by 3%, a little bit more than 3%, actually. >> yeah. >> and december, we have to wait and see. because we get another attack he of quarter-itis, so you have to be very careful. >> any lessons to be learned at all? is anything to go going to be next year than what it was? >> caution prevails. we have these gray swans, the unknown unknowns. we don't know what's going to happen. but the known unknowns are clearly the eurozone we're talking about, which will muddle through. china ma had soft landing. brics had a soft landing. the third area is in the middle east which you know a lot about,
instead of looking at calendar years almost seemed to be looking at quarters. mohamed el-erian said he was worried about the reporting season because there was a finite number of what companies could do in terms of cost. a number of companies missed the top line forecast, not so many the bottom line as the top line. so in october, however, we saw a little bit of a recovery from q3. and our flash figures were 2% and we did 2.5% in october. we have not told the market what we did in november, but it was better than october. and so we've ended up, you know, towards the end of november up by 3%, a little bit more than 3%, actually. and december, we have to wait and see. >> i've seen that you're continuing the plans in china and in particular from what i can tell. >> absolutely. >> are you going to try and diversify them further? >> well, if i do have any regrets -- and i've had a few over the years that i'm willing to admit publicly -- it would be that we didn't have enough of our operations in britain and that we didn't have enough in asia and latin america, africa and the middle east and
of that financing model. i think at some point next year it will probably break down. >>> president mohammed morsi has congratulated egyptians for a new constitution. in a tv address to the nation, mr. morsi said changes maybe necessary. the document is too islamist and has rejected the call for dialogue according to some. >>> a super winter storm that pounded the southeast and midwest is now pounding the northeast. the storm has created havoc on roads and at the airports and this as people start returning home after christmas. more than 1800 u.s. flights have been canceled since tuesday. makes the fact that a lot of usair line stocks were at 1 1/2 year highs yesterday. >>> a u.s. federal jury has found martel in patent violations. carnegie mellon sued marvell in 2009. the company is now hopeful the judge will reverse the verdict, but says lit plan to appeal. marvell shares were down 15% in frankfurt today. you can see investors are not sure they'll be able to appeal that one. shareholders could face high losses, but the so-called frob does not specify just how much the equity would be diluted. it
. >> as mohamed el-erian said, it's the new normal. nothing is going to happen next year in all probability. there will be the italian electrics. if berlusconi starts to poll better in a run up to the italian elections, which i think will happen, then you're likely to see bonds markets reacting a little bit to that. that could cause problems in the spanish and italian yield curve. so maybe that would that will trigger mariano rajoy asking for a bailout. anything which happens on the policy front, anything which happens in the next few months is going to be weighed for its impact on the election prospects come next september. >> you're lucky because we have a whole lot more europe after the break. we can continue to talk about all things european. but of all of this talk about the cliff, if it hasn't sent you over the edge yet, head on to our website and take the cliff quiz. see if you can match the right quiz with a number of things in. >> you can also take a look at what's on the agenda today in the u.s. a couple of economic reports wrap up the week. both due out at 10:00 a.m. eastern. the
president mohamed morsi's power grab. we've seen what he's done over the last couple of weeks. these protests are in response to several decrees issued by morsi that gives him near absolute power. last night an estimated 10,000 people crowded in the center of alexandria. tens of thousands rallied in tahrir square. and 100,000 demonstrated in front of the presidential palace. >>> and back here in tus, a busy economic calendar. we get the adp employment report, which is -- i don't know whether it's better or worse now. we'll see. >> they're looking at -- oh, private payrolls. >> coming in at 125 in private jobs. >> 79,000 or 80,000, which was closer to the total number. >> we must still be losing government jobs. 8:30 eastern, a revision to third quarter productivity and costs. and then later this morning, a november ism number, but it's nonmanufacturing. here's a few early stocks to watch. facebook is going to join the fa face the nasdaq indix. pandora media is lowing its fourth quarter guides. they are worried about the fiscal cliff. shares dropped after hours. that's not wher
Search Results 0 to 8 of about 9

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